ProShares UltraShort FTSE China 50 (NYSEARCA:FXP) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.0207 per share on Wednesday, April 1st. This represents a $0.08 annualized dividend and a dividend yield of 0.13%. The ex-dividend date is Wednesday, March 25th.
Shares of ProShares UltraShort FTSE China 50 stock traded down $1.36 on Thursday, hitting $62.99. The stock had a trading volume of 1,866 shares, compared to its average volume of 122,303. ProShares UltraShort FTSE China 50 has a one year low of $49.97 and a one year high of $82.65. The stock’s 50-day simple moving average is $62.94 and its two-hundred day simple moving average is $61.18.
About ProShares UltraShort FTSE China 50
ProShares UltraShort FTSE China 50 (the Fund) seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the FTSE China 50 Index (the Index). The Index is comprised of 50 of the largest and most liquid Chinese stocks listed on the Hong Kong Stock Exchange (HKEX).
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